US Dollar Index Technical Analysis: The greenback holds above the key 200-day SMA in the 96.60 region

• The greenback manages well to keep business in the upper end of the weekly range just below the 97.00 yardstick.
• DXY has recovered the 200-day SMA and the support line in the 96.60 area, and in doing so it has also regained the constructive outlook.
• Immediately above emerges the 100-day SMA at 97.08 ahead of the 55-day SMA at 97.31 region, considered interim hurdles and the last defence of a test of June tops near 97.80.

DXY daily chart